Inglewood Community Programs

Analysis

Inglewood Community Programs is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Inglewood Community Programs reported income of $835k and spending of $899k, spending 108% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $519k to $835k (+61%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 372%. Over the whole period it spent 42% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Inglewood Community Programs sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within CA. Charities of a similar size with the same main cause include Chronicle of Philanthropy Inc ($835k), Yavapai Fair Foundation Inc ($835k) and San Francisco Bay Area Theatre Company ($835k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $26.4m against liabilities of $22.5m, net assets of $3.9m.